As of now, the market price of Bitcoin is around 100300. The one-hour movement of BTC cannot be said to be exactly the same, and it is also carved out of the same mold. It was not until yesterday that it reached the lps that it was found to be the 1-hour bottom structure. Naked K can only look at the trend. Wyckoff's accumulation stage E is now. I recently studied Wyckoff. It is too similar. I believe it.
The two lowest points were both during the Asian sleeping time. Those who get on the bus can only place orders or get on the bus at the lps. The profit and loss ratio is indeed pitiful.
Currently, the 1-hour is in a correction. You can consider entering the market when the correction is almost there. Bitcoin should have a new high this month. Once the trend is confirmed, the short position is the fuel at this moment
Intraday pressure and support BTC pressure 101000/101800/103000 Support 100000/99000/97800 ETH pressure 4000/4080/4170 Support 3900/3820/3750 Spot sector
There are too many good coins and not enough money. If you want to buy something but don’t dare to start, you can consult Brother Niu, and Brother Niu can give you a free ride. As of now, Brother Niu’s holdings
aave link ena turbo grass pepe goat contracts were bought as spot
The two aave and link recommended today were bought following Trump.
The US stock market is closed this week, and the flow of funds is likely to change during the holiday. Some of the funds originally in the stock market will seek other investment channels, which may lead to new capital injection into the cryptocurrency market, especially altcoins. When there is additional capital inflow, the price of altcoins tends to move towards the pressure level in the short term. Be aware of the risks, my friends
Important developments this week Monday (23/12)#ZILannounced that it will switch to X-Bridge, replacing Poly Network.
Important developments this week
December 23 (Monday) - ZIL announced that it will switch to X-Bridge, replacing Poly Network.
December 24 (Tuesday) - US stock exchanges will close early on Christmas. - BONK 1T BONK will be burned. - WLD unlocked 3.42 million units, amounting to $8 million (0.03% of total supply). - DYDX unlocked 6.34 million units, worth $9 million (0.63% of total supply). - TIA unlocked 998,404 units, worth $5 million (0.10% of total supply).
December 25 (Wednesday) - US stock exchanges will be closed all day on Christmas. - ELF will undergo a network upgrade. - Binance will delist AKRO, BLZ and WRX. - ENA unlocks 12.86 million units worth $13 million (0.08% of total supply).
December 26 (Thursday) - CBRT rate decision announced at 14:00 (expected 48.5, previous value 50). - ERN DAO will make final decision on rebranding and token swap. - ADA unlocks 18.53 million units worth $16 million (0.05% of total supply).
December 27 (Friday) - The last day for European cryptocurrency exchanges to delist USDT. - IMX has unlocked 27.92 million units worth $38 million (1.40% of total supply). - AXL unlocks 12.46 million units worth $10 million (1.25% of total supply).
December 28 (Saturday) - MAV unlocks 54.31 million units worth $10 million (2.72% of total supply). - EDU unlocked 19.24 million units worth $10 million (1.92% of total supply).
The recent market trends are generally in line with expectations. Niu Ge has repeatedly emphasized that the market tends to be volatile around Christmas, and there are currently no significant rebound trend signals in the market. Everyone should reduce trading operations in the coming days. Many have realized later that Niu Ge is in a spot loss position, and at this time, one should not blindly pursue short-term trading opportunities; if you can't handle swing trading, don't do it. Continuing the oscillating market, the Bitcoin range is around 94500-97000, and the Ethereum range is around 3250-3400.
During this phase, everyone should pay close attention to the pinning phenomenon. When pinning occurs, consider entering long positions based on year-over-year strategies, but specific operation points cannot be precisely determined in advance and need to be flexibly decided based on real-time market dynamics. Intraday resistance and support. From various perspectives, the market still has a pin coming up.
BTC resistance 96000/96800/97500 Support 94500/92500/90800 ETH resistance 3350/3420/3500 Support 3250/3100/3000
Spot Market In the altcoin spot market, the strong remain strong, and the weak remain weak. It's not very adaptive; you need to pay timely attention to market movements to buy the coins you desire for swing trading. Yesterday it was pnut, today it’s uxlink mentioned in the community, don’t say Niu Ge is hogging everything.
In the recent period, remember not to get stuck in the patterns; just take the profits and run, regardless of long or short.
The squirrel taking off really exceeded my expectations. I was just thinking of a small investment, and it looked a bit like it was hitting the bottom. So far, among the four major players, pnut's performance has been decent and hasn't broken below [thinking].
Because it’s one of the four major players, when asked if I had any recommendations, I mentioned this. I personally bought a little at 0.63, not much. The other three, two were bought at 0.65, and one was too afraid of a drop to get in [sigh]. I knew about the squirrel's situation, so I didn't publicly announce it.
Let's see if it can bounce back; currently, I don't really recommend getting in. If you do, you can only go in with the initial position.
AVA, an AI agency project on the SOL chain, has a background and relatively high popularity. After undergoing a large-scale washout, it has started to attempt to break the downtrend. It might be worth buying some. Contract: DKu9kykSfbN5LBfFXtNNDPaX35o4Fv6vJ9FKk7pZpump
Market trend The market is in a medium-term large range oscillation pattern, with two possibilities of sideways or oscillating upward and then falling back. It is difficult to determine the specific direction at present.
Big cake strategy Trend judgment: The previous rebound was a technical rebound and did not reverse. Because it did not break through the key moving average and the daily MACD top divergence dead cross, there is still a possibility of decline in the future. Operation suggestion: Now is not a unilateral bullish thinking. Those who can't control their hands can adopt a high-sell-low-buy strategy. The right time to buy the bottom is around 90,000. Standing above 99,000 means a reversal; during the oscillation period, you can use the 94,200 area (hourly support) to step back and go long.
ETH strategy Trend judgment: The current trend is relatively weak, and the gap below 2800 is likely to be filled. It will rebound when it touches this position for the first time. Operation suggestion: You can buy the bottom without thinking. In the short term, you can pay attention to the long positions near 3250 and 3000 for high-sell-low-buy operations. The band can be operated by itself in the range of 3280-3600.
Altcoin strategy When the market fluctuates, altcoins are obviously differentiated. Pay attention to strong altcoins, and buy the bottom when yesterday's strong coins hit the bottom again or return to the weekly support and go sideways, and sell high and buy low around key points.
Brother Niu's analysis is for your reference only, look around more.
Do you remember the last post from Brother Niu last night? The trend within the range of 95,000 to 98,000 is positive because Bitcoin has held at the support level of 92,000. The upward focus of the night market structure allows us to start buying altcoins and spot positions from the level of 96,000.
Confirmation of the key resistance level is an important signal for Brother Niu to execute the strategy.
The reaction rise I mentioned in the previous Bitcoin analysis continues to provide short-term profit opportunities. However, the fact that the current market structure is approaching the resistance level requires a comprehensive assessment of various market factors, including technical analysis, fundamentals, and public sentiment, to plan the strategy.
Possible resistance targets: Between 100,000 and 102,000.
If the upper position is reached, Brother Niu will have new analysis to adjust our strategy targets. You can now set a breakeven stop on the altcoin spot and long positions bought today and last night, or take some profits to prevent a pullback in Bitcoin during the night.
In the last analysis mentioned last night, the closing price of Bitcoin's reactive rise did not reach 95600, only reaching 95205. Therefore, those who entered the market on Saturday and Sunday should be happy. Bitcoin is close to the 98K level. Currently, the entire market has not created a completely positive and optimistic atmosphere. With the arrival of the weekend, Bitcoin's price trend is gradually stabilizing, forming a relatively smooth path. At this point, we should decisively refrain from taking action and not be confused by the misleading appearances created by market fluctuations. If the previously expected price touches the resistance level and is unable to continue rising, or if it falls to the support level and finds support, I will operate according to my previous analysis.
The closing price at nine o'clock must be above $95600 to form a short-term bullish continuation price. The price below 91000 continues the downward trend.
Short-term ETH liquidation price
Current price 3145
Long liquidation 3055 2944 2918 2895
Short liquidation 3,818 3,992 4061 4100
“The market is generally in a short trend, and the selling pressure is large. In the short term, long liquidation may gradually decrease. There are too many people who open long positions.
Powell said that the Fed does not allow holding $BTC , and will not change the law.
Trump directly opened the big, he really loves big cake. Let's not talk about whether the currency circle has a future in the eyes of outsiders, but I believe everyone has seen Trump's attitude.
Abolishing the debt ceiling requires a vote of both houses, but the two houses of Congress are Trump's own team, so if nothing unexpected happens, the probability of this proposal passing is very high.
As long as Trump's basic strategy of issuing QE remains unchanged, after January + our own exchange rate reform cycle, RMB appreciation is inevitable.
Under the premise that Trump's issuance of QE remains unchanged, the depreciation of U is inevitable, so in the next month, you can sell U in batches or exchange the U in your hands for big cakes, and then wait for U to fall and buy it back. Because our country is a major exporter, the exchange rate will still be stabilized later. It's just a time period. There is no supporting policy yet, so it's hard to see.
Let me translate the above paragraph for you. Trump directly abandons the weight and credit of the US dollar for big cakes. Another thing is that everyone knows that USD is pegged to the US dollar.
If the USD is expected to depreciate, the Wall Street people will definitely know that before the depreciation, Bitcoin will be sold and exchanged for USD or even other currencies to buy goods or even gold.
Speaking of Bitcoin, you may think that USDT depreciates and is exchanged for Bitcoin or other counterfeits. Then, let's talk about the next Bitcoin increase. It won't last long, but it will definitely be more than 120,000.
But the biggest problem with Bitcoin is that it can't be used to buy daily necessities. So no matter how much capital hypes Bitcoin, it must be exchanged for basic currency to buy goods and daily necessities.
Now Trump is very friendly to the currency. He will not let the currency fall. Just follow him after he takes office. However, before he takes office, you can indeed consider taking a wave of price differences, which should be quite large.
In this round of decline, BTC is a strong support at 90,000 on the daily chart. You can consider going long and receiving spot nearby. It is still the first position first, and then increase the position after it stabilizes.
Powell said that the Fed does not allow holding $BTC , and will not change the law.
Trump directly opened the big, he really loves big cake. Let's not talk about whether the currency circle has a future in the eyes of outsiders, but I believe everyone has seen Trump's attitude.
Abolishing the debt ceiling requires a vote of both houses, but the two houses of Congress are Trump's own team, so if nothing unexpected happens, the probability of this proposal passing is very high.
As long as Trump's basic strategy of issuing QE remains unchanged, after January + our own exchange rate reform cycle, RMB appreciation is inevitable.
Under the premise that Trump's issuance of QE remains unchanged, the depreciation of U is inevitable, so in the next month, you can sell U in batches or exchange the U in your hands for big cakes, and then wait for U to fall and buy it back. Because our country is a major exporter, the exchange rate will still be stabilized later. It's just a time period. There is no supporting policy yet, so it's hard to see.
Let me translate the above paragraph for you. Trump directly abandons the weight and credit of the US dollar for big cakes. Another thing is that everyone knows that USD is pegged to the US dollar.
If the USD is expected to depreciate, the Wall Street people will definitely know that before the depreciation, Bitcoin will be sold and exchanged for USD or even other currencies to buy goods or even gold.
Speaking of Bitcoin, you may think that USDT depreciates and is exchanged for Bitcoin or other counterfeits. Then, let's talk about the next Bitcoin increase. It won't last long, but it will definitely be more than 120,000.
But the biggest problem with Bitcoin is that it can't be used to buy daily necessities. So no matter how much capital hypes Bitcoin, it must be exchanged for basic currency to buy goods and daily necessities.
Now Trump is very friendly to the currency. He will not let the currency fall. Just follow him after he takes office. However, before he takes office, you can indeed consider taking a wave of price differences, which should be quite large.
In this round of decline, BTC is a strong support at 90,000 on the daily chart. You can consider going long and receiving spot nearby. It is still the first position first, and then increase the position after it stabilizes.
In the past couple of days, Brother Niu really doesn't know what to post.
Those who have escaped the peak should be sleeping soundly now.
Those who listened to others and rushed in are probably even more restless and can't sleep now.
Brother Niu anyway has been honest and hasn't moved; isn't it good to go out and have some fun, relax a bit? Staring at the market all the time isn't good either.